Cryptocurrency Q&A Is TWD pegged to USD?

Is TWD pegged to USD?

alexander_clark_designer Sun Sep 29 2024 | 5 answers 967

Excuse me, could you please clarify whether the Taiwanese Dollar (TWD) is pegged to the US Dollar (USD)? I'm interested in understanding the currency's exchange rate stability and how it may be influenced by external factors. If it is indeed pegged, could you elaborate on the mechanism behind this arrangement and its potential implications for investors and businesses? Is TWD pegged to USD?

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